PHAGELUX ANNOUNCES MULTIPLE AGRICULTURAL COMMERCIAL COLLABORATIONS

PHAGELUX ANNOUNCES MULTIPLE AGRICULTURAL COMMERCIAL COLLABORATIONS

* : * : admin * : 2018-06-05 * : 0

SHANGHAI, MONTREAL, and SALT LAKE CITY, June 5, 2018

Phagelux, Inc. a global biotechnology company focused on the development and commercialization of novel phage and lysin antibacterial products and solutions, made multiple announcements by entities within its agricultural division.

Ryan Benson, Director of US Sales and Marketing for OmniLytics, Inc., a wholly owned subsidiary of Phagelux, Inc., announced that Omnilytics is entering into an exclusive US sales and marketing collaboration with Certis USA, Inc. for its AgriPhage line of bio-pesticides. Mr. Benson stated, "We are highly encouraged that one of the leading US crop protection companies will be both representing us with their national sales force and also be collaborating with us to create new phage-based crop protection products." Jim Black, Director of Business Development for Certis USA, LLC said, "We are excited to work with OmniLytics. The AgriPhage line of crop protection products is novel and innovative. Plus it allows for the protection of crops in areas where existing treatments are starting to fail due to bacterial resistance and

the results are falling short of grower expectations. Certis USA offers growers a suite of bacterial control products that can be integrated with the AgriPhage line to maximize protection from these difficult-to control-pathogens."

Tyler Homer, Director of US Operations for OmniLytics, further announced that OmniLytics has entered into a product development collaboration with NutriQuest to co-develop phage-based feed additive products. Mr. Homer stated, "We are delighted to be working with one of the most innovative and fastest growing feed additive companies to create some truly unique and valuable new products." Steve Weiss, President for NutriQuest added, "This partnership couples the OmniLytics leadership position in creating phage-based solutions with our expertise in the feed additives business to create what we believe will be very important new solutions for poultry and livestock producers. Producers are losing access to valuable tools in poultry and livestock production that are resulting in increased costs and we believe the solutions we create together will fill those critical needs and provide a high level of value."

Phagelux, Inc. has significant agricultural research, development and manufacturing capabilities in China. William Wang, COO of Phagelux in China noted that Phagelux has added eleven new distributors to the Phagelux AgriHealth distribution network since January 1, 2018. Mr. Wang noted that, "Although the line of our animal health products is still limited, and although we are just starting our sales efforts, the market seems to be responding positively to our products. In many agricultural categories treatments based on traditional antibiotics are either failing, or the public is demanding growers use less, and our products provide safe and natural alternatives that are often even more effective than traditional chemical antibiotics."